$ETH Latest 🚨 💬Ethereum's Former Lead Developer Reveals H | anzif on Binance Square

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$ETH Latest 🚨
💬Ethereum's Former Lead Developer Reveals His Prediction for the ETH Price - Mega Bull or Bear?
📌Eric Conner, one of the former core developers of Ethereum, shared his predictions about the Ethereum price in his statement.

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🚨Ethereum Gains 4% This Week, What are the Next Targets? ETH Price Analysis💸🚀 📌The Daily Chart 💬ETH is currently consolidating between the 100-day and 200-day moving averages, entering a decisive phase in its price action. After breaking above the pivotal 200-day MA around $2.5K, an area that has acted as strong resistance in recent weeks, the price has pulled back to retest this level. This pullback is crucial: if bullish demand resurfaces and holds ETH above this moving average, it would likely ignite another leg upward, targeting the $2.8K resistance zone. For now, the cryptocurrency appears to be range-bound between $2.5K and $2.8K, and a clear breakout from this zone will likely set the stage for the next significant trend direction. Market participants are closely watching for bullish continuation, which could solidify ETH's reversal structure.

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Institutional Confidence Grows in Ethereum 🚨(ETH) as Price Consolidates in a Tight Range 📌In Brief Institutional interest in Ethereum grows, with steady buying pressure from U.S. investors despite price stagnation. Ethereum's Coinbase Premium Index (CPI) remains positive, signaling ongoing demand from U.S. buyers. ETH's price remains range-bound between $2,424 and $2,750, with breakout potential dependent on investors' momentum.

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